date:May 16, 2016
between supply and demand.
London cocoa jumped to a near five-month high in April on expectations of lower output in West Africa, but the market has since dropped to a one-month low.
Earlier on Friday, Olam, which counts Singapore state investor Temasek Holdings and Japans Mitsubishi Corp as its largest shareholders, reported its first-quarter profit more than tripled on lower exceptional charges. However, operational profit, which excludes one-off items, fell 5.5 percent.
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